Theresa May Outs Herself as Wall Street’s Poodle in Brexit Talks
It would be better if the latest Brexit news were a farce….
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Michael Hudson: Celebrating the One Percent – Is Inequality Really Good for the Economy?
The backlash has begun. Prominent economists are upping their game in trying to depict the gains of the One Percent as virtuous and beneficial.
Read more...Wells Fargo’s Management by Magical Thinking Comes Up Short in the Cover-Up Category
The more the press digs into the the sordid details of the Wells Fargo fake account scandal, the more rancid the stench.
Read more...How the SEC Enabled the Gross Under-Reporing of CEO Pay
Why CEOs are even more grotesquely paid than you thought.
Read more...Deutsche Defies DoJ, Says It Won’t Pay Anything Near $14 Billion in Mortgage Settlement
Deutsche has launched a media war against the DoJ.
Read more...Wolf Richter: That 5.2% Jump in Household Income? Nope, People Aren’t Suddenly Getting Big-Fat Paychecks
The much-ballyhood 5.2% gain in household income doesn’t square with other data….and the details aren’t as pretty as the headline either.
Read more...DoJ Asks Deutsche Bank to Pay $14 Billion in Mortgage Settlement
The Obama Administration is trying to wrap up long-overdue mortgage-related cases, with Deutsche and possibly then other foreign banks.
Read more...DoJ Opens Investigation Into Wells Fargo Fake Accounts; Why Top Execs Are Responsible
Sanctimonious Wells Fargo may finally be getting its comeuppance.
Read more...Satyajit Das: The Business of Politics
Do business leaders make good political leaders?
Read more...Wells Fargo CEO John Stumpf Blames Nasty, Scheming Employees for Fake Accounts Scandal
If Stumpf were captain of the Titanic, not only would the crash be the iceberg’s fault, but he’d also get the first seat on the lifeboat
Read more...John Helmer: Did Hillary Clinton Take Money From Russia Oligarch Oleg Deripaska for a Favor in the General Motors-Opel Deal?
The curious tale of a Russian’s oligarch’s donation to the Clinton Foundation and his failed attempt to make an acquisition from General Motors.
Read more...Thomas Palley: The Fed’s Misguided Approach to Tightening
The Fed touted its “creativity” in bailing out banks during the crisis. That “creativity” is absent in how it is planning to exit its extraordinary policies.
Read more...Wells Fargo Exec Who Oversaw Fake Accounts Received $125 Million Upon Recent Retirement, Praise from CEO; Senate Hearings Next Week
The Wells Fargo “fake accounts” scandal gets uglier.
Read more...Don Quijones: Barcelona Just Declared War on AirBnB (and Its Hosts)
Why Barcelona is taking a tough stand on AirBnB, and has strong support of its citizens.
Read more...Greg Palast’s New Film Exposes How Republican Oligarchs Are Crusading to Stop People of Color and the Poor from Voting
Voting is corrupted, with scheming operatives now vying to steal and sabotage presidential elections using the darkest of political arts.
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